Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines.
This is our Wednesday episode when we niche down to a single topic, looking to expand our understanding of one particular technology trend or another. This week, we spoke about iBuying, a business operation that makes money through flipping homes. Our central question, given Zillow’s departure from the business and Opendoor’s impressive earnings, was if the iBuying model can work — and who in the world is proving it?
Here’s what we got into:
Zillow may be pulling up the welcome mat, but rival Opendoor is expanding into new markets
What does Zillow’s exit tell us about the health of the iBuying market?
Equity is back Friday morning with our weekly news roundup, and, depending on if this constitution thing works out, Saturday too!
Equity drops every Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. And if you haven’t given our sister podcast, Found, a listen, check it out!